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Textron Inc. Message Board

  • bearteu01 bearteu01 Jun 11, 2013 4:04 PM Flag

    Hope is still alive

    Nadol writes that his $133 price target for Boeing, roughly 30% above the stock’s current price, could be justified as the market moves away from valuing the company solely on earnings, and begins to acknowledge its free cash flow profile.

    As for Textron, he calls it a “compelling risk/reward tradeoff,” given an eventual recovery in Cessna demand and the potential payout of its strategic initiatives. His $36 price target is 34% above current levels.

    Yet in a “true bull” scenario he sees as much as 50% upside for both names.

39.15-0.67(-1.68%)Jul 25 4:02 PMEDT